So today I will talk about the trade I took in Euro Dollar (Actually, I took two trades - one today and the other one yesterday but I will talk about the one I took today).

So the trade was -
BUY 5.000M EUR/USD @ 1.19444, SL 1.19299 (15 pips), TP 1.20009 (56 pips)

As you can see in the chart, EUR/USD decline that started from 1.12090 was stopped around 1.1930 level (support zone - monthly pivot, weekly support, many touches that occurred during Nov & Dec 2017). So my plan was to look for the confirmation and then go long. And the pair confirmed it with a small bullish candle just hovering above the zone. So as prices closed above support zone I bought the pair with the target at around next resistance zone of 1.2000 (red rectangle in the chart) and SL just below recent lows. RR ratio for the trade was round about 4.
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